ZTE warns of impact of U.S. sanction settlement penalties

HONG KONG (Reuters) - Chinese telecom equipment maker ZTE Corp warned on Tuesday that penalties it expects to incur for allegedly breaking U.S. sanctions against Iran could impact its results.

Toshiba delays release of nuclear writedown, says 'not ready'

TOKYO (Reuters) - Toshiba Corp has delayed its earnings release, including details of a multi-billion charge related to cost overruns at its U.S. nuclear arm.

New witness delays trial over bitcoin exchange tied to JPMorgan hack

NEW YORK (Reuters) - The trial of two men was delayed on Monday in a case stemming from a probe into a bitcoin exchange and a data breach at JPMorgan Chase & Co after prosecutors revealed a new witness.

Toshiba to unveil nuclear writedown as it scrambles for cash

TOKYO (Reuters) - Toshiba Corp will on Tuesday uncover the scale of a multi-billion dollar writedown from cost overruns at its U.S. nuclear arm, along with its recovery plans as the Japanese industrial conglomerate scrambles for cash.

Exclusive: Wal-Mart to tear down walls between store, online buying operations - sources

CHICAGO (Reuters) - Wal-Mart Stores Inc for the first time will combine its own buying for products sold at its stores with purchases it makes for its website, sources said, a significant move to stamp out duplicate efforts as it consolidates buying operations to better fight Amazon.com Inc.

Daimler to focus Smart brand on electric cars in U.S., Canada: report

FRANKFURT (Reuters) - Daimler will stop selling cars under the Smart brand with combustion engines to focus on electric cars, Frankfurter Allgemeine Zeitung reported, citing a letter that Mercedes-Benz USA sent to dealerships.

Apple closes at record high for first time since 2015

SAN FRANCISCO (Reuters) - Shares of Apple rose to a record high close on Monday, buoyed by Wall Street's expectations that the release of a 10th-anniversary iPhone and pent-up customer demand will shore up lackluster sales.

Verizon's move to unlimited data ups ante in wireless war

NEW YORK (Reuters) - Verizon Communications Inc's announcement that it will once again offer an unlimited pricing plan marks a shift in its thinking as a price war among the four biggest U.S wireless carriers accelerates.

Toshiba to issue business risk warning on Tuesday: Nikkei

(Reuters) - Toshiba Corp will issue on Tuesday its first-ever warning that it may not be able to continue as a going concern, following massive nuclear-related losses, the Nikkei reported.

GM, Toyota says U.S. rules limiting self-driving cars need to be eased

WASHINGTON (Reuters) - General Motors Co and Toyota Motor Corp officials will tell a U.S. House panel on Tuesday that automakers need changes to automotive safety rules to allow the deployment of self-driving cars on American roads.

Uber rival Grab to buy Indonesian online payment startup for over $100 million: source

JAKARTA (Reuters) - Grab is likely to announce a deal to buy Indonesian online payment startup Kudo for over $100 million, a source close to the matter said, in a move that will help the Southeast Asian ride-hailing firm roll out its services to more customers.

Drivers' strike paralyses Uber, Ola services in Indian capital

NEW DELHI (Reuters) - A strike in the Indian capital by thousands of Uber [UBER.UL] and Ola drivers demanding better pay has paralyzed the ride-hailing services that have grabbed business from traditional taxi and rickshaw operators with their cheaper fares.

Media talk on Infosys' corporate governance issues "distracting": CEO Sikka

MUMBAI (Reuters) - Infosys Ltd's Chief Executive Vishal Sikka said talk in media on corporate governance issues at the software services firm was "distracting" and that he had good relations with the firm's founders, including N.R. Narayana Murthy.

Samsung chief appears for second round of questions in graft probe

SEOUL (Reuters) - Samsung Group [SAGR.UL] leader Jay Y. Lee appeared at the South Korean special prosecutor's office on Monday for questioning as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye.

Verizon reintroduces unlimited data plan as competition rises

NEW YORK (Reuters) - Verizon Communications Inc will introduce an unlimited data plan on Monday, its first in more than five years, in its latest effort to lure customers as competition rises between network carriers.

Toshiba prepares to unveil nuclear hole, other perils threaten

The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo, Japan October 1, 2015. REUTERS/Toru Hanai

Australian banks narrow focus of Apple Pay collective bargaining request

An Apple iPhone 6 with Apple Pay is shown in this photo illustration in Encinitas, California, U.S. June 3, 2015. REUTERS/Mike Blake/File Photo

SoundCloud loses key executives amid fundraising drive

Berlin's SoundCloud CEO Alexander Ljung attends the LeWeb technology conference December 4, 2012 in Aubervilliers, near Paris. REUTERS/Philippe Wojazer

Top Italian official says Facebook must do more against hate speech

FILE PHOTO: Italy's lower house President Laura Boldrini smiles at the end of the first day of consultations with Italian President Giorgio Napolitano at the Quirinale Palace in Rome February 14, 2014. REUTERS/Remo Casilli/File Photo

South Korea prosecutor to summon Samsung's Lee again on suspicion of bribery

Samsung Group chief, Jay Y. Lee, arrives for a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul, South Korea, January 18, 2017. REUTERS/Kim Hong-Ji

Nuclear write-down leaves Toshiba with $3.5-billion loss in third-quarter: Nikkei

TOKYO (Reuters) - Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday.

New FCC chair closely guards his strategy to restructure net neutrality

WASHINGTON (Reuters) - The new chairman of the U.S. Federal Communications Commission under President Donald Trump is keeping under wraps his strategy to revise or reverse the Obama administration's "net neutrality" rules, but emphasized he is committed to ensuring an open internet.

FCC spectrum auction bidding ends at $19.6 billion

WASHINGTON (Reuters) - The U.S. Federal Communications Commission said Friday that bidding in the wireless spectrum auction has ended at $19.6 billion, significantly less than many analysts had initially forecast.

Amazon warns that trade protectionism could hurt business: filing

(Reuters) - Amazon.com Inc warned on Friday that government actions to bolster domestic companies over foreign competition could hurt its business, in a potential reference to U.S. President Donald Trump's "America First" agenda.

Ford to invest $1 billion in autonomous vehicle tech firm Argo AI

A Ford logo is pictured at a car dealership in Monterrey, Mexico, November 9, 2016. Picture taken November 9, 2016. REUTERS/Daniel Becerril

Wells Fargo sets up artificial intelligence team in tech push

A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. on February 10, 2015. REUTERS/Jim Young/File Photo

Italy's foreign ministry came under cyber attack in 2016: source

Italy's Prime Minister Paolo Gentiloni waves as he leaves after meeting his counterpart from Britain Theresa May at Number 10 Downing Street in London, February 9, 2017. REUTERS/Toby Melville

Facebook to provide ad data for independent audit

(Reuters) - Facebook Inc said it would provide information about ads displayed on its platform for an audit, months after the social network admitted to overstating key ad metrics.

Bitcoin trading shrivels under Chinese government's glare

SHANGHAI (Reuters) - Trading volumes at China's three largest bitcoin exchanges have plummeted after the central bank put the virtual currency market under sharper scrutiny a month ago in a move that coincided with official efforts to stem capital outflows.

Osram to hire 1,000 in Germany for smartphone infrared push

FRANKFURT (Reuters) - Osram plans to hire up to 1,000 new staff at its plant in Regensburg, Germany as it anticipates a fast ramp-up in demand for its infrared components used for iris-scanning identification in smartphones, a spokesman for the German lighting group said.